KUALA LUMPUR: Eco-Shop Marketing Bhd
's revenue was driven higher in the first quarter of its 2027 financial year (FY27) by new store launches while same store sales growth returned to positive territory.
In a statement, the affordable household retailer said its store network grew by 15 outlets during the quarter, helping to increase revenue 16% year-on-year to RM793.68mil.
Quarterly net profit rose to RM63.19mil as compared to RM58.76mil in the first quarter of the previous financial year. Earnings per share increased to 1.1 sen from 1.02 sen previously.
The company declared an interim dividend of 0.61 sen per share, to be paid on Nov 27, 2026.
According to CEO Jessica Ng, Eco-Shop remains focused on enhancing the performance of its existing stores alongside store network expansion efforts.
"The store refresh programme supports this, together with the increasing adoption of data analytics to better understand Eco-Shop’s members and engage with them more effectively through a new customer relationship management (CRM) programme to be launched in the current financial year."
She said Eco-Shop is targeting a further 100 new store openings in FY27.
"As the group continues to grow amid a backdrop of evolving operating costs, the focus remains on pursuing growth efficiently while maintaining a disciplined approach to cost management.
"Direct sourcing capabilities, economies of scale and financial discipline remain the cornerstones of Eco-Shop’s strategy to pursue sustainable and profitable growth while preserving the value proposition.”
